News
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Japan’s Kato: Significant that Japan and US reconfirm key points on FX policies
Japanese Finance Minister Katsunobu Kato said on Friday that the joint statement was significant in light of the new US tariff order, adding that there were no talks with US Treasury Secretary Bessent on specific foreign exchange (FX) levels.Fxstreet
Fri, Sep 12
US and Japan reaffirm their agreement not to manipulate FX rates
The United States (US) Department of the Treasury and the Japanese Ministry of Finance reaffirmed their G7 commitments on currency policy, stressing that exchange rates should remain market-driven, according to the US-Japan Finance Ministers’ joint statement.Fxstreet
Fri, Sep 12
US to push G7 to impose high tariffs on China, India over Russian oil purchases — FT
The United States (US) plans to urge Group of Seven (G7) nations to hit India and China with sharply higher tariffs for buying Russian oil in an attempt to force Moscow into peace talks with Ukraine, the Financial Times (FT) reported on Thursday.Fxstreet
Thu, Sep 11
Global EV sales growth slows to 15% in August, research firm says
By Jesus Calero Sept 12 (Reuters) - Global sales of fully electric and plug-in hybrid vehicles grew 15% in August from a year ago, marking the slowest rate since January and reflecting tougher comparatives, market research firm Rho Motion said on Friday.China's EV sales growth, which average...Reuters
Thu, Sep 11
Boeing falling behind on certifying its 777X, CEO says
Inflationary pressures affect Boeing's supply chain and airplane pricing737 MAX production increase depends on reducing rework, Ortberg notes777X certification taking longer than expected but no new technical problems foundBy Dan Catchpole SEATTLE, Sept 11 (Reuters) - Boeing BA.N CEO Kelly Or...Reuters
Thu, Sep 11
US August deficit falls to $345 billion as tariff revenues rise
US deficit nears $2 trillion with one month left in 2025 fiscal yearNet US customs duties reach record $29.5 billion in AugustReceipts, outlays reach records for August, fiscal year-to-date By David LawderWASHINGTON, Sept 11 (Reuters) - The U.S. budget deficit for August fell $35 billion or 9% from ...Reuters
Thu, Sep 11
Donald Trump asks higher court to wave off order allowing Cook to remain at Fed
United States (US) President Donald Trump and his administration have formally asked the federal appeals court to pause a federal order that would allow Lisa Cook to remain at her post at the Federal Reserve (Fed) pending an official probe into accusations of mortgage fraud.Fxstreet
Thu, Sep 11
Boeing CEO says supply chain is facing inflationary pressure
SEATTLE, Sept 11 (Reuters) - Boeing BA.N CEO Kelly Ortberg said on Thursday the planemaker is seeing inflationary pressure on its supply chain. However, he does not expect any supply chain problems in the company's plans to increase production of its best-selling 737 MAX from a federally-imposed...Reuters
Thu, Sep 11
U.S. August deficit falls to $345 billion as tariff revenues rise
WASHINGTON, Sept 11 (Reuters) - The U.S. budget deficit for August fell $35 billion or 9% from a year earlier to $345 billion as President Donald Trump's tariffs pushed net customs receipts up by about $22.5 billion for the month, the Treasury Department said on Thursday.With one month to go in ...Reuters
Thu, Sep 11
IMF says it is committed to working with Ukraine to shape new support program
By Andrea Shalal WASHINGTON, Sept 11 (Reuters) - The International Monetary Fund is committed to working with Ukrainian authorities to shape a new lending program after the war-torn country filed a formal request earlier this week, IMF spokesperson Julie Kozack said on Thursday.Ukraine is spendin...Reuters
Thu, Sep 11
